Answer:There’s not a specific Federal regulatory prohibition that would be related to that--there isn't one in Regulation Z. Visa and MasterCard, however, have their own set of rules that banks must comply with if the bank has an agreement with either of those brands.

Another common question related to VISA and MasterCard rules is about accepting credit card payments for loan payments – again, Visa and MasterCard rules would be the deciding factor and not federal regulation.

Finally, related to debit card fraud and liability limits. That’s also an area where these private entities can and do have rules that are stricter and beyond the scope of Regulation E. Thus, it’s important to be aware of what rules the bank is bound by via an agreement and usage of those cards. For information on Visa and MasterCard rules and policies, you can visit their respective websites.